Tue, 25 Mar 2025 14:56:35 GMT
EUR/USD Technical analysis
The FX pair has shown a slight decline, approaching the key support level of 1.07830. Currently, it is trading below the 50-period, 100-period, and 200-period Simple Moving Averages, indicating a bearish sentiment in the market. These moving averages act as dynamic resistance levels, suggesting that the pair may continue to face selling pressure in the near term. However, a potential